We thought the banking sector was forever changed by the Global Financial Crisis (GFC): e.g., lower leverage, better risk management, greater transparency,...

The recent dovishness from the Fed, a benign inflation environment and the easing in global financial conditions continue to support a goldilocks environment...

In history, there have been periods when it was dormant, but revivals have always been painful. What is striking at present is the inability of some countries...

After a long lacklustre period during the 1980s and 1990s, the price of gold has picked up significantly since the new millennium, and central banks,...